Along with the research, design, manufacture, and flight operations of aircrafts, the aerospace industry is also responsible to sustain the hygiene and maintenance of aircrafts. Aircraft maintenance comprises all the tasks essential to ensure the smooth functioning, safety, and hygiene of an aircraft or aircraft’s part. Aerospace maintenance chemicals are a key player in maintaining the smooth functioning of aircraft maintenance services. In the recent years, the number of air travellers in developed and emerging nations is mounting, which is fuelling the demand for innovative aerospace maintenance chemicals in the aerospace sector.
Aerospace maintenance chemicals are cleaning agents used for the maintaining the operational proficiency of the airplanes. They are used as cleaners, paint strippers, degreasers, paint removers, and aeroplane washers & polishers. These chemicals keep an aircraft corrosion-free and clean it inside-out. Aerospace maintenance chemicals primarily comprise paint removers, brighteners, specialty solvents, and many more. In addition, these chemicals are used in brake cleaning, leather cleaning, paint removing, and other application areas.
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Newest Insights in the Aerospace Maintenance Chemical Market
As per a report by Research Dive, the global aerospace maintenance chemical market is expected to grow from $7,762.8 million in 2021 to $13,673.3 million by 2030. The North America aerospace maintenance chemical market is expected to perceive dominant growth in the years to come. This is because the region has a gigantic demand for aerospace and defence aircrafts. Numerous leading industry players, such as 3M Company and Eastman Chemical Company, are concentrating their efforts on offering advanced aircraft maintenances chemicals in huge quantities, which is projected to contribute to the regional market growth in the coming years.
How are Market Players Responding to the Rising Demand for Aerospace Maintenance Chemicals?
Market players are extensively investing in innovative product launches to cater the rising demand for aerospace maintenance chemicals. Some of the leading players of the aerospace maintenance chemical market are Henkel AG & Co. KGaA, Exxon Mobil Corporation, Nexeo Solutions, Arrow Solutions, Eastman Chemical Company, Florida Chemical, Dow, Nuvite Chemical Compounds, Aircraft Spruce, and High Performance Composites & Coatings Pvt Ltd., and others. These players are focused on planning and implementing strategies such as mergers and acquisitions, collaborations, novel advances, and partnerships to achieve a leading position in the global market.
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For instance,
- In April 2020, Clay Lacy Aviation, a leader in private aviation, announce to offer all-inclusive aircraft cleaning as well as disinfecting services at the maintenance centres of the company and through its mobile response teams.
- In June 2020, Honeywell, a global front-runner in offering smart building solutions for sectors including aerospace, manufacturing, defence, etc., launched an ultraviolet cleaning (UVC) system for airlines to considerably reduce certain viruses and bacteria on aircrafts’ cabin surfaces.
- In January 2021, Air India Express, an Indian low-cost airline, began using robotic technology to clean and sanitize the interiors of an aircraft at the Delhi airport. The carrier joined hands with AISATS, a ground handling agency, to launch the technology in the Indian markets.
COVID-19 Impact on the Market
The abrupt rise of the coronavirus pandemic in 2020 has adversely impacted the global aerospace maintenance chemical market. During the lockdown period, people had restricted themselves from traveling due to the implementation of lockdowns across the world and the fear of acquiring COVID-19 infection. This significantly dropped the number of air travellers during the pandemic. Also, various airlines were forced to stop operations to curb the spread of the virus. Thus, the aviation industry was completely shut down during the pandemic, which considerably dropped the demand for chemicals used in aircraft cleaning & maintenance services. All these factors hindered the aerospace maintenance chemical market growth during the pandemic.
However, with the relaxation of the pandemic since the end of 2021, many airlines have resumed their normal functioning, which is expected to propel the growth of the aerospace maintenance chemical market in the upcoming years.
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About Research Dive
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